Dolly Forex System was developed in Forex TSD forum and now Dolly indicators has build in version 13. Until now, this indicator was claimed still give profitable result, and it had shared on many forex forum.
Forex Dolly method is very simple, wait for break buy or break sell, directly open position when meet this condition. The profit targets was set in 1st and 2nd target. Thid Dolly indicator suitable in any currency pair on H1 timeframe.
This picture was taken on April 11, 2012 on GBPUSD Chart. Price hit 1st and 2nd target at once.
DOWNLOAD Dolly Forex System Ver 13 Pass: www.proforexstrategy.com
Extract and put Dolly indicator in your indicators folder on your Metatrader 4 platform.
Source: Forex TSD
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Friday, August 30, 2013
Wednesday, July 3, 2013
Genesis Matrix Trading System
This forex strategy use Heiken Ashi candles as the main indicator. This is because
1. HA candles tend to smooth out a lot of the 'noise' associated with trading the M5 chart
2. It prevents you becoming biased to the long or short side due to traditional Japanese candlestick patterns and formations, which are inherently unreliable on the small Time Frames (TF).
Though looks like a simple forex strategy but this strategy is not for new beginner trader. At least you already know how trading with Metatrader for a few months.
Genesis Matrix Trading System works on all time frame but suggested using the M5 or M15. Works best in a trend rather than a ranging market. Can use in any pair. Gold and Oil work as well also.
This strategy is based on the following Genesis indicators :
• Genesis Matrix
• Heiken Ashi candles
• EMA 5 (yellow line)
• M5 stochastic
• M15 MTF stochastic
• M5 Arrow
• M15 MTF Arrow
ENTRY RULES
ENTRY 1 : Standard Genesis LONG/SHORT rule
1) 4 matrix dots with the same colour after the current bar is closed.
2) M5 stoch crossover and moving out from 20-80 overbought levels.
3) HA bar open above/below EMA5.
The M5 Arrow…..now we don’t always wait for the arrow because in a sudden PA reversal it may be late…but….if a M5 arrow doesn’t arrive within the next couple of candles, the trade must be monitored more closely for a possible early exit.
ENTRY 2 : 5_15 Genesis LONG/SHORT rule
This entry is the same as standard one but we use M15 arrow as a filter and we enter in the market only in the direction of the M15 arrow. As you can see from the following statistics, this increases the return of the system using either exit strategy.
Download Genesis Matrix Trading System eBook
Download Indicator and template
Learn more about this System at Forex Factory
1. HA candles tend to smooth out a lot of the 'noise' associated with trading the M5 chart
2. It prevents you becoming biased to the long or short side due to traditional Japanese candlestick patterns and formations, which are inherently unreliable on the small Time Frames (TF).
Though looks like a simple forex strategy but this strategy is not for new beginner trader. At least you already know how trading with Metatrader for a few months.
Genesis Matrix Trading System works on all time frame but suggested using the M5 or M15. Works best in a trend rather than a ranging market. Can use in any pair. Gold and Oil work as well also.
This strategy is based on the following Genesis indicators :
• Genesis Matrix
• Heiken Ashi candles
• EMA 5 (yellow line)
• M5 stochastic
• M15 MTF stochastic
• M5 Arrow
• M15 MTF Arrow
ENTRY RULES
ENTRY 1 : Standard Genesis LONG/SHORT rule
1) 4 matrix dots with the same colour after the current bar is closed.
2) M5 stoch crossover and moving out from 20-80 overbought levels.
3) HA bar open above/below EMA5.
The M5 Arrow…..now we don’t always wait for the arrow because in a sudden PA reversal it may be late…but….if a M5 arrow doesn’t arrive within the next couple of candles, the trade must be monitored more closely for a possible early exit.
ENTRY 2 : 5_15 Genesis LONG/SHORT rule
This entry is the same as standard one but we use M15 arrow as a filter and we enter in the market only in the direction of the M15 arrow. As you can see from the following statistics, this increases the return of the system using either exit strategy.
Download Genesis Matrix Trading System eBook
Download Indicator and template
Learn more about this System at Forex Factory
Sunday, January 20, 2013
Renko Chart and Magnetis Line
Renko Chart and Magnetis Line forex strategy is simple strategy but very profitable. It has several indicators used to predict price direction and knowing when price has reached over bought or over sold. Can be used in many pairs like EURUSD and GBPUSD.
What you need to setup this forex strategy?
All you need are indikators+Renko EA and guide how to install this indicator on your metatrader chart. You can download this indikator here Renko Chart and Magnetis Line Indicators
Open BUY Position :
Confirm to BUY
When all the preparations are being match with the rule above
Then: Blue + aqua candle was already above the Blue MA Line. BUY position can be done. SL 50 TP 50-100 pips
Open SELL Position :
Confirm to SELL
When all the preparations are being match with the rule above
Then: Red + gold candle was already below the Blue MA Line. SELL position can be done. SL 50 TP 50-100 pips
If the price touches the line magnetic red / blue (Magnetis 300).
BUY and SELL can be taken with the same rules as above, the differences are we use larger TP, it is 100-150 pips. Happy Trading :)
What you need to setup this forex strategy?
All you need are indikators+Renko EA and guide how to install this indicator on your metatrader chart. You can download this indikator here Renko Chart and Magnetis Line Indicators
Open BUY Position :
- Observe the price must touch first magnetic white line (150)
- Shown blue SEFC Indi at least 2 boxes
- Red candle become blue candle (change in trend)
- MA Yellow Colour
- Blue uni cross appeared
Confirm to BUY
When all the preparations are being match with the rule above
Then: Blue + aqua candle was already above the Blue MA Line. BUY position can be done. SL 50 TP 50-100 pips
Open SELL Position :
- Observe the price must touch first magnetic white line
- Shown RED SEFC Indi at least 2 boxes
- Blue candle become Gold candle (change in trend)
- MA Yellow Colour
- Red uni cross appeared
Confirm to SELL
When all the preparations are being match with the rule above
Then: Red + gold candle was already below the Blue MA Line. SELL position can be done. SL 50 TP 50-100 pips
If the price touches the line magnetic red / blue (Magnetis 300).
BUY and SELL can be taken with the same rules as above, the differences are we use larger TP, it is 100-150 pips. Happy Trading :)
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